we are expecting a long move as a correction, to the upside. We wouldn't take any short positions for now as the market could be in a wedge formation which could eventually break to the upside to start a correction to the upside. So be careful with short positions as of for right now.
Trade with care and always use a stop loss while trading and never risk more than 0.5% per trade.
Cheers
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Like said, the market seems now to initiate a correction to the upside, with the break of the wedge formation to the upside. Short term traders can buy the EURUSD in a shorter term timeframe in a correction. The first target of the correction could be the last swing high at around 1.07! As always use a tested strategy and never risk more than 0.5% per trade. Hope this helps.
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Guys, long move is intact, looks pretty good!
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Hey guys, as we was expecting a long move, here is the updated chart.
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EURUSD Daily Chart
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Leave this pair for now, as it is surrounded by uncertainty